SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Solvay to cut 20% of CO2 emissions in energy production at Bulgarian soda ash plant

Feb 23, 2022, 5:38:18 PMArticle by Vasil Kolchev
share
February 23 (SeeNews) - Belgium-based chemical company Solvay said on Wednesday it plans to cut one-fifth of the carbon dioxide emissions related to energy production at its largest European soda ash plant in Devnya, Bulgaria.

Solvay to cut 20% of CO2 emissions in energy production at Bulgarian soda ash plant
Photo: Solvay

In order to increase its co-combustion rate with biomass, Solvay is adapting one of the plant's existing boilers to make it able to be powered with 30% biomass, it said in a press release.

The boiler is expected to start operating in November 2022, Solvay added. The biomass will come from various sources, including locally-sourced sunflower husk pellets.

Solvay noted the project is the first major milestone in transitioning the soda ash plant away from coal power towards sustainable energy, in line with the company’s ambition to reach carbon neutrality before 2050.

Solvay's Bulgarian unit, Solvay Sodi, booked a consolidated net profit of 94.4 million levs ($54.6 million/48.2 million euro) in 2020 and generated revenue of 385.8 million levs, data from the company's annual financial statement showed.

(1 euro = 1.95583 levs)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.